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Home Sector FinTech

Bahrain FinTech Bay & The Family Office partner to transform wealth management

18 October 2023
in FinTech
Reading Time: 2 mins read
0
Bahrain FinTech Bay & The Family Office

Bahrain FinTech Bay (BFB), a prominent fintech ecosystem builder, has joined forces with The Family Office, a leading wealth management firm in the GCC (Gulf Cooperation Council). This strategic partnership aims to revolutionize wealth management in the region, harnessing BFB’s expertise in digital innovation and The Family Office’s position as a pioneering wealth manager.

Under this collaboration, BFB will work closely with The Family Office to enhance its existing digital products, offering clients an elevated and technologically advanced wealth management experience. Moreover, the partnership will explore the development of innovative digital investment solutions in line with market trends. To facilitate this, The Family Office’s cutting-edge fintech lab will serve as a collaborative hub for this joint endeavor.

The Family Office’s digital investment platform is designed to provide investors with an unmatched experience. It grants access to exclusive global private market opportunities, offers personalized asset allocation proposals, and enables users to simulate their portfolio’s performance over a 10-year horizon. This empowers investors to make informed decisions and foster long-term growth.

Bader Sater, CEO of Bahrain FinTech Bay, expressed his enthusiasm about the partnership, stating, “Bahrain FinTech Bay’s partnership with The Family Office marks a significant milestone towards elevating Bahrain’s position as a hub for fintech innovation in the region. Our combined strengths will lead to the creation of cutting-edge digital investment offerings that cater to the market’s evolving needs.”

Abdulmohsin Al Omran, Founder and CEO of The Family Office, added, “Through this collaboration, we will leverage BFB’s extensive resources and network to innovate and refine our digital products, ensuring secure and robust solutions for our clients.”

This partnership exemplifies Bahrain’s commitment to fostering fintech innovation and enhancing the wealth management landscape in the GCC. By merging their expertise and resources, BFB and The Family Office are poised to drive meaningful change in the way wealth is managed and invested in the region.

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